# Brennan Asset Management

> Brennan Asset Management is a state-registered investment advisory firm, registered since 2015, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 21, 2026.

- CRD: 174637
- Filed as: BRENNAN ASSET MANAGEMENT
- Legal name: Brennan Asset Management, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in California
- Filing period: October 2026
- Form ADV filing dated: April 21, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/174637
- AdvisorCensus page: https://advisorcensus.com/firm/brennan-asset-management-174637

## Quick answers

**How is Brennan Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), Brennan Asset Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Brennan Asset Management registered with the SEC or a state?**
Brennan Asset Management is a state-registered investment advisory firm, registered since 2015. Status as filed: APPROVED. CRD 174637.

**How much does Brennan Asset Management manage?**
Brennan Asset Management reports $50,912,227 in regulatory assets under management in its Form ADV filing dated April 21, 2026 (98% discretionary).

**What types of clients does Brennan Asset Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (11); individuals (other than high net worth individuals) (3); pooled investment vehicles (other than investment companies and business development companies) (2).

**Does Brennan Asset Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/174637

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $50,912,227
- Discretionary: $49,698,910
- Non-discretionary: $1,213,317

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 3 | $2,227,861 |
| High net worth individuals | 11 | $23,480,873 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $25,203,493 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- brennanvalue.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Brennan Asset Management (CRD 174637): Form ADV filing data as of October 2026.